Classification of Financial Elements Flashcards
Sales
Revenue or Income
Fees
Revenue or Income
Commission Received
Other Income
Gain on sale of Asset
Other Income
Interest Received
Other Income
Dividends Received
Other Income
Discount Received
Other Income
Rent Received
Other Income
Advertising
Distribution Costs
Cartage Outwards
Distribution Costs
Commission
Distribution Costs
Delivery Expenses
Distribution Costs
Depreciation on Shop Fittings
Distribution Costs
Depreciation on Delivery Vehicles
Distribution Costs
Freight Outwards
Distribution Costs
Repairs to Delivery Vehicles
Distribution Costs
Repairs and Maintanance
Distribution Costs
Sales, Wages and Salaries
Distribution Costs
Travelling Expenses
Distribution Costs
Loss on sale of Distribution Asset
Distribution Costs
Accounting Fees
Administrative expenses
Audit Fees
Administrative expenses
Depreciation (other than shop fitting or delivery Vehicles)
Administrative expenses
Electricity
Administrative expenses
General Expenses
Administrative expenses
Insurance
Administrative expenses
Office Expenses
Administrative expenses
Postage
Administrative expenses
Printing
Administrative expenses
Rates
Administrative expenses
Rent
Administrative expenses
Repairs and maintenance (other than to shop fittings or delivery vehicles
Administrative expenses
Salaries
Administrative expenses
Stationary
Administrative expenses
Telephone and Tolls
Administrative expenses
Vehicle Expenses (other Delivery Vehicles)
Administrative expenses`
Wages
Administrative expenses
Donations
Administrative expenses
Loss on sale of Asset
Administrative expenses
Bank
Current Assets
Petty Cash
Current Assets
Accounts Receivable
Current Assets
Prepayments
Current Assets
Accrued Revenue
Current Assets
Closing Inventories
Current Assets
Equipment
Plant, Property and Equipment
Buildings
Plant, Property and Equipment
Property
Plant, Property and Equipment
Vehicles
Plant, Property and Equipment
Plant
Plant, Property and Equipment
Shares
Investments
Long term monies held in investment accounts
Investments
Debentures
Investments
Goodwill
Intangible Asset
Patents
Intangible Asset
Royalties
Intangible Asset
Research and development costs
Intangible Asset